MRP — Millrose Properties, Inc.

NYSE · Real Estate · Equity Real Estate Investment Trusts (REITs) · CIK 2017206 ·
Last close
$29.30
Market Cap
$4.52B
52W High
$31.49
52W Low
$26.28
ADV30
1,656,299
Next earnings
2026-05-06
Millrose Properties, Inc. is the premier homesite option platform for residential homebuilders. The company specializes in the acquisition and horizontal development of land to provide a predictable, just-in-time supply of finished homesites – the scarcest and mission-critical resource in the homebuilding industry. Unlike traditional land bankers, Millrose utilizes a proprietary technology platform that provides real-time feedback and data analytics to drive acquisition decisions. Every transaction in the Millrose portfolio undergoes rigorous independent due diligence to ensure attractive yields and long-term viability. By enabling an asset-light model, Millrose provides its diverse roster of homebuilder partners with the strategic flexibility to maintain production volumes and optimize balance sheet efficiency across all market environments. Millrose Properties, Inc.is based in Miami, United States.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 194,929,000 166,776,000 166,084,000 122,884,000 9,570,049,000 49,276,000 3,716,420,000
Dec 2025 189,501,000 161,709,000 160,737,000 122,238,000 9,258,107,000 35,046,000 3,401,845,000
Jun 2025 149,002,000 127,042,000 126,861,000 112,760,000 7,973,646,000 66,575,000 2,099,397,000
Mar 2025 82,698,000 70,594,000 45,634,000 39,806,000 7,152,356,000 89,523,000 1,276,505,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$4,346,987,000
Investing CF
$-5,909,189,000
Financing CF
$1,435,475,000
CapEx
$-858,938,000
Dividends Paid
$-308,766,000
Buybacks
EPS Diluted TTM
$2.55
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-21,764,000
Inventory
Receivables
$323,229,000
ST Investments
EBIT TTM
$504,629,000
Pretax Income TTM
$417,373,000
Interest Exp TTM
$87,256,000
Analysts
5

Yahoo Snapshot (yfinance, live)

Total Revenue
$712,691,968
EBITDA
Free Cash Flow
$-2,056,857,728
Enterprise Value
$7,179,693,056
Total Cash
$49,276,000
Total Debt
$2,430,183,936
Shares Out
154,228,116
Trailing EPS
$2.79
Book Value
$35.26
ROE
7.9%
ROA
4.5%
Div Yield
10.52%

Annual Trend (SEC EDGAR, last 3y)

Revenues vs Net Income (last 3y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 600,461,000 486,068,000 379,864,000 9,258,107,000 3,401,845,000 3,672,821,000
Dec 2024 0 -246,221,000 -246,221,000 5,465,290,000 306,918,000 -917,194,000
Dec 2023 0 -209,792,000 -209,792,000 100 0 -865,120,000

TTM Snapshot

Revenues TTM
NetIncome TTM
OpCashFlow TTM
Assets (Latest)
Forward EPS
$3.23

Max Pain — expiry 2026-06-18 (volume-derived — Yahoo OI feed degraded)

max pain strike: $30.00 · spot: $29.30 · call volume: 879 · put volume: 46
Expected Move to 2026-06-18: ±$1.24 (4.23%) — implied range $28.06$30.54 · ATM straddle on $30.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
EPR EPR PROPERTIES $4.52B $59.02
CIM-PB CHIMERA INVESTMENT CORP $4.52B $24.15
CIM-PD CHIMERA INVESTMENT CORP $4.51B $24.11
SKT TANGER INC. $4.53B $39.47
KRC KILROY REALTY CORP $4.49B $38.59

News headlines (Yahoo Finance, 1h cache)

3 Dividend Stocks To Consider For Your Portfolio
2026-05-15 11:31 · Yahoo
Millrose Properties Q1 Earnings Call Highlights
2026-05-12 06:05 · Yahoo
Millrose Properties Announces Land Banking Capital Support for Dream Finders Homes' Proposed Acquisition of Beazer Homes
2026-05-11 11:51 · Yahoo
Why One Fund’s $6.6 Million Millrose Buy Looks Like a Bet on Homebuilders Staying Asset-Light
2026-05-10 17:20 · Yahoo
Assessing Millrose Properties (MRP) Valuation After Strong Q1 Results And Expanded Credit Facility
2026-05-10 17:10 · Yahoo
Millrose Properties, Inc. Q1 2026 Earnings Call Summary
2026-05-07 12:30 · Yahoo
Millrose Properties Reports First Quarter 2026 Financial Results
2026-05-06 12:00 · Yahoo
Millrose Properties, Inc. (MRP) Strengthens Balance Sheet with $1.835 Credit Facility
2026-05-05 20:07 · Yahoo
Millrose Properties Announces Date of First Quarter 2026 Earnings Release and Conference Call
2026-04-15 20:30 · Yahoo
Greenhaven Associates Liquidates $138 Million Stake in Millrose Properties, According to Recent SEC Filing
2026-04-07 15:23 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.